Cloetta AB (publ) operates as a confectionary company. It manufactures and markets chocolate confectionery products, including pralines, chocolate wafers, dragees, plates, and countlines under the Kexchoklad, Polly, Center, Plopp, Tupla, Royal, Sportlunch, Bridge, Lonka, Sinas, Snippers, and Lonka soft nougat brands. The company also provides confectionery products comprising foams, wine gums, liquorice, toffees, hard boiled candies, and lollypops under the Malaco, Red Band, Ahlgrens bilar, Venco, Chewits, and Juleskum brands. In addition, it offers pastilles under the Läkerol, Mynthon, and King brands, as well as chewing gums under the Jenkki, Sportlife, and Xylifresh brands. Further, the company produces and sells dry roasted nuts under the Nutisal brand. It sells its products through a network of grocery retail trade, service trade, e-commerce, and other sales channels. Cloetta AB (publ) was founded in 1862 and is headquartered in Sundbyberg, Sweden.
Cloetta Dividend Announcement
• Cloetta announced a annually dividend of kr1.00 per ordinary share which will be made payable on 2024-04-16. Ex dividend date: 2024-04-10
• Cloetta annual dividend for 2024 was kr1.00
• Cloetta annual dividend for 2023 was kr1.00
• Cloetta's trailing twelve-month (TTM) dividend yield is 3.9%
• Cloetta's payout ratio for the trailing twelve months (TTM) is 62.36%
• Cloetta's dividend growth over the last five years (2018-2023) was 5.92% year
Cloetta Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-10 | kr1.00 | annually | 2024-04-16 |
2023-04-05 | kr1.00 | annually | 2023-04-13 |
2022-04-07 | kr1.00 | annually | 2022-04-13 |
2021-04-07 | kr0.75 | annually | 2021-04-13 |
2020-11-04 | kr0.50 | annually | 2020-11-10 |
2020-04-03 | kr1.00 | annually | |
2019-04-05 | kr1.00 | annually | 2019-04-11 |
2018-04-17 | kr0.75 | annually | 2018-04-23 |
2017-04-05 | kr0.75 | annually | 2017-04-11 |
2016-04-13 | kr0.50 | annually | |
2011-12-20 | kr0.31 | annually | |
2010-12-16 | kr0.46 | annually |
Cloetta Dividend per year
Cloetta Dividend growth
Cloetta Dividend Yield
Cloetta current trailing twelve-month (TTM) dividend yield is 3.9%. Interested in purchasing Cloetta stock? Use our calculator to estimate your expected dividend yield:
Cloetta Financial Ratios
Cloetta Dividend FAQ
Other factors to consider when evaluating Cloetta as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Cloetta's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Cloetta publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Cloetta distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Cloetta are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Cloetta sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Cloetta distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cloetta declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Cloetta's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Cloetta's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.